Merchant discount means the fee or negotiated discount charged to a merchant by the financial institution for the privilege of participating in a program whereby a credit card is accepted in payment for merchandise or services sold to the credit card holder.
Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).
Discount Range Proration has the meaning set forth in Section 2.05(a)(v)(C)(3).
Resale Discount means the applicable discount off retail rates applied to AT&T-21STATE Telecommunications Services resold by CLEC to its End Users. Any change to the rates, terms and conditions of any applicable retail Tariff is automatically incorporated herein and is effective hereunder on the date any such change is effective.
Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).